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Application # 0121525604 200300680 Unless otherwise agreed in writing, all insurance lroceeds shall be applied m the restoration or repair of the Property or m the Secured Debt, whether or not then due, at Beneficiary's option. Any application of proceeds to principal shall not extend or postpone the due date of the scheduled payment nor change the amount of any payment. Any excess will be paid to the Grantor. If the Property is acquired by Beneficiary, Tmstor's right to any insurance policies and proceeds resulting from damage to the Property before the acquisition shall pass m Beneficiary to the extent of the Secured Debt immediately before the acquisition. 20. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Trustor will not be required to pay to Beneficiary funds for taxes and insurance in escrow. 21. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Truster will provide to Beneficiary upon request, any financial statement or information Beneficiary may deem reasonably necessary. Tmstor agrees to sign, deliver, and file any additional documents or certifications that Beneficiary may consider necessary in perfect, continue, and preserve Grantor's obligations under this Security Instrument and Beneficiary's lien status on the Property. 22. JOINT AND INDIVIDUAL LIABILITY; COSIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under this Security Instnnnen[ are joint and individual. If Trusmr signs this Secmity Instrument but does not sign an evidence of debt, Tmsmr does so only ro mortgage Trusto' s merest in the Property m secure payment of the Secured Debt and Tmslor does oc[ agre e m be persoreHy liable on the Secured Debt. If this Security Instrument secures a guaranty between Beneficiary and Truser, Tmsmr agrees to waive any rights that may prevent Beneficiary from bringing any action or claim agaiast Ttus[or or any party indebted uMer Ne obligation. These rights may include, but are not limited to, any an[i-0eficiency of one - action laws. Tmslor agrees that Beneficiary aid any party to [his Security I isWmeor may extend, modify or make any change m the terms of this Security Instrument or any evidence of deb[ without Trustor's consent. Such a change will not release Tmslor from the terms of This Security hisrrument. The duties and benefits of this Security Instrument shall bind and benefit the successors and assigns of Tmsor and Beneficial. 23. APPLICABLE LAW; SEVERABILITY; INTERPRETATION. This Security Instrument is governed by the laws of the jurisdiction in which Beneficiary is located, except to the extent otherwise requud by the laws of the jurisdiction where the Property is located. This Security Instrument is complete and fully integrated. This Security Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related m the Secured Debt that conflicts with applicable law will not be effective, unless that law expressly or impliedly permits the variations by written agreement. If any section of this Security Instrument cannot be enforced according to its terms, that section will be severed and will not affect the enforceability of the remainder of this Security Instrument Whenever used, the singular shall include the plural and the plural the singular. The captions and headings of the sections of this Security Instrument are for convenience only amid are not to be used to interpret or define the terms of this Security Instrument. Time is of the essence in this Security Instrument. 24. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary's option, may from time to time remove Trustee and appoint a successor trustee without any other formality than the designation in writing. The successor trustee, without conveyance of the Property, shall succeed to all the title, power and duties conferred upon Trustee by this Security Instrument and applicable law. 25. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail to the appropriate party's address on page 1 of this Security Instrument, or many other address designated in writing. Notice in one tractor will be deemed to be notice to all trustors. 26. WAIVERS. Except to the extent prohibited by law, Trustor waives all appraisement and homestead exemption rights relating to the Property. 27. OTHER TERMS. If checked, the following are applicable to this Security hi mumene Q Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be reduced to a zero balance, this Security Instrument will remain in effect and released. EJ Construction Loan. This Security Instrument secures an obligation incurred for the construction of an improvement on the Property. Fixture Filing. Truster grants to Beneficiary a security interest in all goods that Grantor owns now or in the future and that are or will become fixtures related in the Property. This Security Instrument suffices as a financing statement and any carbon, photographic or other reproduction maybe filed of record for purposes of Article 9 of the Uniform Commercial Code. Riders. The covenants and agreements of each of the riders checked below ate incorporated into and supplement and amend the terms of this Security Instrument [Check all applicable boxes] El Condominium Rider 0 Planned Unit Development Rider = Other 0 Additional Terms. ..... ............................... SIGNATURES: By signing below, Truster agrees to the terms and covenants contained in this Security Instrument and in any attachments. Trustor also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1. Xes ignam ) RY K SUPENCHECK (Ds w) (Signature) TERI S SUP CHECK (Date) ACKNOWLEDGMENT: �( STATE OP .... NQ {l(�iLCL ....... , CI,?UNTY OF yap be 0ntlM1 ° "'a This instrument was acknowledged fore me this c0 day of . _0 .0.( T,(,j,CA,(,J1 by KERRY K SUPENCHECK and TERI S SUPENCHECK . My commission expires: /y/ � ,✓ GENERAL NOTARY state of Neliaska Y CATRINAU SHUDA �rvuury My Comm Eci Aug. 10, 2003 p taco eanaeR sna, im si. o a, uu (page 4 or 4) (0®- CI65(NE) (esm)